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IMF Says Western Restrictions Could Cut 9 Percent From Russia’s Economy


IMF Says Western Restrictions Could Cut 9 Percent From Russia’s Economy
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The Fund says the immediate effect of sanctions had been to remove between one and 1.5 percent off Russia’s GDP – the value of all its goods and services. It also predicted “weak” economic growth of around 1.5 percent a year over the next few years.

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